The pause on higher country-specific reciprocal tariffs for all covered countries except China took effect just after midnight on April 10, CBP said in a CSMS message.
CHANDLER, Ariz. -- Should the de minimis exemption eventually disappear for low-value shipments, the business-to-business-to-consumer model could rise as a result, according to panelists at the National Customs Brokers & Forwarders Association of America annual conference.
The most unwavering defenders of President Donald Trump's "reciprocal tariffs" policy -- including House Ways and Means Committee Chairman Jason Smith, R-Mo. -- were a bit undercut during a four-hour hearing on the president's trade agenda, because Trump reacted to Treasury market volatility and backed down.
China’s State Council this week released a white paper on economic and trade relations with the U.S., criticizing the U.S. government’s imposition of tariffs and export controls and saying that the two sides should strive toward “mutually beneficial cooperation.” The white paper seeks to “clarify the facts about China-US economic and trade relations and illustrate China's policy stance on relevant issues,” it says, according to an unofficial translation.
EU member states this week voted in favor of the European Commission's proposal to impose counter-tariffs in response to recent U.S. tariffs on steel and aluminum.
China raised the tariff rate on U.S.-origin goods, from 34% to 84%, in response to President Donald Trump's April 8 executive order raising reciprocal rates by 50% (see 2504080079), the Office of the Tariff Commission of the State Council announced April 9. The new tariffs will take effect at 12:01 a.m. April 10, the commission said, according to an unofficial translation.
President Donald Trump said April 9 that he’s hiking tariffs on Chinese imports to 125% "effective immediately."
CHANDLER, Ariz. -- The Fish and Wildlife Service hopes to make ACE filing of FWS-regulated entries mandatory “by the end of the year,” Jeff Moore of the agency’s Nogales, Arizona, office said at the National Customs Brokers & Forwarders Association of America's annual conference April 8.
Members of the Senate Agriculture Committee on April 8 pressed Stephen Vaden, nominee for USDA deputy secretary, on how President Donald Trump's slew of tariff action will impact USDA and agriculture issues.
President Donald Trump’s April 8 executive order that raised the reciprocal tariff on China to 84% also increased tariffs applicable to postal shipments.